Small Multi families are a great way to increase cash flow

2) Focusing on Cashflow vs Appreciation: recipe to buy Class D properties that may take a generation to increase in value. - What type of tenant do you think will live in a Class D property?

It might be one of those positive sunk costs to increase the value when financing.

In the past year or two we see lots of rentals and investors and rent prices have not kept up with home price increases. 

In fact I have a no PITA policy, which means if you violate it you are probably getting a rent increase at next renewal opportunity, which might be next month if you are on M2M.

For my short term rentals I am really going to focus on adding improvements that will increase my daily rate and guest experience.

Looking for reasons to increase those expenses sounds counterproductive. 5.

Quote from @Brandon Croucier: 20% down is terrific on land.It’s a non income producing asset which has increased volatility, typically I see 65 LTV max on land as of late.Thank you Brandon!

Having been in Austin for nearly five years, I've seen a significant increase in incentives for developers to build multifamily properties.

@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.